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Gold/Mining/Energy : First Telecom FTL-VSE -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (49)4/30/1999 11:07:00 AM
From: Veteran98  Read Replies (1) | Respond to of 127
 
FTL certainly isn't jumping out of the gate. I certainly had hoped it would do better but this was probably only wishful thinking. Realistically the halt has been long and no official I.R was ever in place so basically we are at the point where the game is only beginning and once the loose stock is flushed out and everything falls into place I think we will see FTL move up quickly as there is definitely not much stock out and even people close to the deal will have to get their stock out of the market if they want free-trading shares.

One has to remember however that we have gone through a protracted delay which has been quite negative and IMO once again casts doubt on the ability of the VSE to handle deals such as this, they need to look at broadening their scope and hiring personnel that are skilled in these areas of the future rather than having personnel who are only capable of rubber stamping moose pasture deals.